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Showing posts with the label bearish market

Amid Bearish BTC Forecast, Will Strategy (MSTR) Stock Rebound?

Shares in Strategy Incorporated (MSTR) stock are down over 14% in the last 30 days following a rough month for Bitcoin (BTC). With Michael Saylor’s software company so heavily invested in the king cryptocurrency, the assets’ 7.5% dip in the past month hasn’t boded well for MSTR shares. Further, numerous price forecasts as of late for Bitcoin have come in bearish, which could be a tough test for Strategy stock in the coming quarter. Despite BTC hitting a new ATH earlier this month, the coin has hit strong resistance and is now trading back below $109,000. MSTR stock, meanwhile, is down from its $400 ATH levels from earlier this month. The drops have prompted forecasts of further decline for both entities. On the other hand, one bullish projection from a representative of Ripple Labs (XRP). Indeed, John Deaton, the popular pro-XRP lawyer, shared his latest crypto prediction on X on August 24. The lawyer suggests Bitcoin will reach the price range of $180,000-$250,000 the...

Tamadoge Price Prediction for 25th of October: TAMA Bulls Are Winning

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Join Our Telegram channel to stay up to date on breaking news coverage The Tamadoge price has appreciated to  $0.02407 and more bullish moves are anticipated in today’s market. The tide turned in favour of the bulls in the 2nd hour of today when the price took its support at $0.02319 after which an aggressive bullish price action ensued. The bullish move took the price above the $0.02400 price level in the fifth hour of today’s trading session. Tamadoge Market Price Statistic: TAMA/USD price now: $0.02407 TAMA/USD market cap: $ TAMA/USD circulating supply:1.05Billion TAMA/USD total supply: 1,049,733,333 TAMA/USD coin market ranking: # Key Levels Resistance: $0.0300, $0.0350, $0.0400  Support: $0.0200, $0.0150, $0.0100 Tamadoge Market Price Analysis: The Indicators’ Point of View Reaching the height of $0.02400, the bearish market was triggered. The down-trending market continued until 8 am when bulls were able to salvage the market. The...

Axie Infinity Price Prediction for Today, October 25: AXS/USD Targets the $10 Price Level

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On the 21st of October, Axie Infinity formed a support price level at $8.943. And for the two days that followed, the market could not move from this price level due to the serious tug-of-way between buyers and sellers at this point. In yesterday’s market (the 24th), sellers succeeded in breaking the price off the gridlock. So the price dropped to $8.328. The buyers’ response to yesterday’s bearish victory has formed another support level . The bullish market is recovering. Axie Infinity Market Price Statistic: AXS/USD price now: $9.03 AXS / USD market cap: $852,380,887 AXS/USD circulating supply: 94,572,452.84 AXS/USD total supply: 270,000,000 AXS/USD coin market ranking: #58 Key Levels Resistance: $0.100, $0.110, $0.120 Support: $8.123, $7.000, $6.500 Axie Infinity Market Price Analysis: The Indicators’ Point of View The increasing market volatility is reflected in the price action for today as the market swings rapidly between bulls and bear...

Fantom (FTMUSD) Price Prediction:  A Bearish Breakout Envisaged

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Bears may dominate Fantom Market The breakdown of $0.21 support level will decrease the Fantom to $0.20 and $0.19 levels. A breakup of the resistance level of $0.22 will increase the price to $0.25 and $0.26 levels. Fantom Price Analysis – October 09 FTMUSD Market Key levels: Resistance levels: $0.22, $0.25, $0.26 Support levels: $0.21, $0.20, $0.19 FTMUSD Long-term Trend: Bearish Fantom is on the bearish movement in daily chart. The sellers still holds tight to the Fantom market. Price remains below the two EMAs as a signal of bearish market . Though there was no significant movement in the market as there is low momentum in the buyers and sellers’ activity.  The coin is struggling to break down the support level of $0.21 at the moment. Fantom price is trading below the 9 periods EMA and 21 periods EMA at close distance indicating low momentum. The relative strength index period 14 is at 39 levels with the signal line displaying no specific direction. The bre...